Crypto forensics startup Chainalysis raises $170M at $8.6B valuation

Chainalysis, a startup that provides crypto investigation and compliance services, has secured $170 million in a Series F funding round led by GIC, a sovereign wealth fund of Singapore. The company, which is known for helping law enforcement nab illicit crypto activities, saw its valuation double to $8.6 billion from its round last June.
The funding news was first reported by The Information citing a source and comes at a time when investors are scrambling to come to terms with the crypto market crash. Total crypto market capitalization has plummeted to a ten-month low, with bitcoin trading be

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